Closing the gender pay gap won’t close the super gap: Industry Super
Industry Super is calling for super on parental leave and to scrap the Super Guarantee threshold to combat the gender super gap in Australia.
DIY super making money for the wealthy, leading to losses for battlers
Australians wanting to take a “do it yourself” approach to their superannuation may be better served by a self-managed super fund (SMSF) if they already have healthy retirement savings available, while those with smaller super balances may not get the best returns from a SMSF, according to a new report.
Bank super returns lag behind not-for-profit funds
If your superannuation is held by a bank-owned fund, the value of your retirement savings may not have grown at the same rate as a not-for-profit fund, according to new data.
Super set to deliver double-digit returns
A December 2017 rally provided enough of a boost to push estimated annual returns on Australian superannuation funds into double digits. This annual return is understood to not only be the sixth positive annual return in a row, but to be well above the annual 10-year average.
Early super release rules being reviewed
The Australian government is reviewing the rules surrounding the early release of superannuation, and seeking consultation from the public on when super should be claimed.
Aussies no more trusting of financial planners
The level of trust that Australians have in the financial planners who manage their superannuation hasn’t changed significantly over the past eight years, according to new stats released by Roy Morgan.
Aged care industry seeks super support
A recent roundtable forum found that Australia’s aged care sector will need more funding to cope with the nation’s ageing population, and may require support from the superannuation industry to meet demand.